MULTI-FACETED CITY FRINGE SITE WITH INCOME
- 1,660 sqm* site with 3 street frontages
- Urban Corridor Zoning
- Occupy, invest or develop (STCC)
Colliers International is pleased to present the opportunity to purchase 116-117 Greenhill Road and 11 Miller Street, Unley, SA.
Located in the affluent inner metropolitan suburb of Unley, the subject property offers a blank canvass for either the prospective developer, value driven owner occupier or the astute investor.
The 1,660 square metre* site is prominently positioned on Greenhill Road between King William Road and Unley Road and benefits from additional frontages to Miller Street and Park Lane.
The site features two separate two-level office buildings which front Greenhill Road as well as a smaller character bungalow at the rear which has historically been used as an office and conference centre.
Other key attributes of 116-117 Greenhill Road and 11 Miller Street include:
- Extensive 1,660 square metre* site with three valuable street frontages.
- Two prominent two-level office buildings fronting Greenhill Road and a small character office located at the rear of the site fronting Miller Street.
- 116 Greenhill Road has a GBA of 680 square metres*
- 117 Greenhill Road has a GBA of 554 square metres*
- 11 Miller Street has a GBA of 119 square metres*
- All three buildings are fully occupied providing valuable holding income from RJC Evans & Co. and IDEXX until June 2020. IDEXX may have an option to renew for 12 months (The Vendor is seeking advice in this regard).
- Zoned Urban Corridor, Boulevard (Greenhill Road) Policy Area 19, within the City of Unley. The zoning envisages higher order development of up to 7 storeys or 25.5m (STCC)
116-117 Greenhill Road & 11 Miller Street, Unley is offered for sale by Expressions of Interest closing Thursday 31 October 2019 at 3.00pm (ACST).
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Alistair Mackie | +61 412 817 977
Tom Isaksson | +61 422 154 570
*Approx.
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